Despite the obvious downtrend, the bears are weakening, while forming truncated wave patterns on the chart, which results the formation of a reversal wave pattern. Bullish divergence has formed on Awesome Oscillator.
Trading recommendations:
Buy strictly while an ascending wave pattern is forming, where the wave (A) breaks through the …
The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session to witness its bounce to the second session from the lowest since April 7, 2003 against the US dollar amid the growing fears of the spread of the Corona virus epidemic globally and in …
The IT sector is the most protected from coronavirus and lower oil prices. Despite this, the company’s value is falling dramatically amid a general bearish sentiment in global markets. Bears push the stock price to a historic support level of 43.00. Stochastic Oscillator indicatorals oversoldness. Trading recommendations:
Buy from the …
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